Mcgill Associates, P.A. Psp And Trust — Form 5500 plan (Mcgill Associates, P.A.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Mcgill Associates, P.A. Psp And Trust is a benefit plan reported by Mcgill Associates, P.A. under EIN 56-1396980 and plan number 001. The latest loaded filing year is 2023. The filing reports 201 participants and $18,425,881 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$18.4MPlan net assets, end of year$18,425,881
Participants201Covered participants reported
Assets / participant$91.7KComputed: assets ÷ participants$91,671 (computed)
Provider compensation$73.7K2 Schedule C provider row(s)$73,691
- Plan sponsor
- Mcgill Associates, P.A.
- EIN
- 56-1396980
- Plan number
- 001
- Plan type
- 2
- Location
- Asheville, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 201 | H, C | 20241230091307NAL0008614547001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$18.4M total assets
Net assets$18.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $18,425,881
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,425,881
- Net assets (BOY)
- $15,091,425
Income & contributions
- Employer contributions
- $342,695
- Participant contributions
- $1,007,495
- Total contributions
- $1,430,003
- Total income / additions
- $4,329,415
Expenses & distributions
- Benefits paid
- $918,135
- Administrative expenses
- $76,824
- Total expenses
- $994,959
- Net increase / (decrease)
- $3,334,456
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
25%75%
Employer 25%Participant 75%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Morgan Stanley Global | ADVISOR | $49,976 | not reported in the loaded dataset | 2023 |
| Newport Group, Inc. | RECORDKEEPER | $23,715 | $0 | 2023 |